BEIJING, March 19 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Tuesday by the China Foreign Exchange Trade System:
Currency Unit Central parity rate in yuan
U.S. dollar 100 709.85
Euro 100 774.39
Japanese yen 100 4.7831
Hong Kong dollar 100 90.772
British pound 100 906.43
Australian dollar 100 467.53
New Zealand dollar 100 434.32
Singapore dollar 100 531.56
Swiss franc 100 802.66
Canadian dollar 100 526.75
Pataca 113.53 100
Malaysian ringgit 66.501 100
Ruble 1,282.87 100
Rand 266.51 100
Korean won 18,675 100
UAE dirham 51.597 100
Saudi riyal 52.693 100
Hungarian forint 5,116.56 100
Polish zloty 56.012 100
Danish krone 96.58 100
Swedish krona 146.41 100
Norwegian krone 149.63 100
Turkish lira 454.276 100
Mexican peso 237.20 100
Thai baht 503.56 100
The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.
The central parity rate of the yuan against the Hong Kong dollar is based on the central parity rate of the yuan against the U.S. dollar and the exchange rate of the Hong Kong dollar against the U.S. dollar at 9 a.m. in international foreign exchange markets on the same business day.
The central parity rate of the yuan against the Pataca is based on the central parity rate of the yuan against the Hong Kong dollar and the exchange rate of the Pataca against the Hong Kong dollar at 9 a.m. in international foreign exchange markets on the same business day.
The central parity rates of the yuan against the other 22 currencies are based on the average prices offered by market makers before the opening of the interbank foreign exchange market. ■
